Offshore Asset Protection
The firm designs and implements tax neutral and tax compliant asset protection structures for clients with legitimate protection needs. Recent judicial decisions have cast some doubt on the reliability of the domestic limited liability company as an asset protection vehicle. A number of U.S. states have enacted asset protection legislation, however, offshore asset protection structures remain superior to their domestic counterparts. Offshore asset protection structures combine foreign legal ownership of assets, foreign physical situs of assets, debtor-friendly foreign laws and judicial systems, and in some cases foreign language barriers, in order to increase the complexity, uncertainty and expense of litigation for creditors. Most offshore asset protection structures can be integrated into estate plans. Fraudulent conveyance and bankruptcy rules may complicate late stage planning, therefore advance planning is advised.
Review of U.S. travel plans for senior Scandinavian ISP entrepreneur with appealed Scandinavian intellectual property conviction to assess and minimize his exposure to follow-on nuisance civil litigation by U.S. plaintiffs, U.S. service of process and the personal jurisdiction of U.S. courts
Design and execution of asset protection structure for entrepreneur residing in unstable Latin American country seeking to maximize anonymity of ownership in order to manage confiscation and kidnap risks.
Design and execution of asset protection structure for U.S. entrepreneur residing in United Arab Emirates engaged in high-risk commercial ventures.
Design and execution of asset protection structure for U.S. client with assets generated in real estate development business, seeking protection from unknown contingent risks and integration into estate plan.
Design and execution of offshore asset protection structure for U.S. owner of closely held telecommunications hardware and software distributor and service provider, protecting net profits from unknown lifetime creditors.
Design and execution of offshore asset protection structure for U.S. owner of closely held mortgage lending company, protecting against risk of lawsuits by borrowers and third parties interest holders.
Design and execution of offshore asset protection structure for U.S. owner of closely held chemical manufacturer and food processing plant cleaning company.